McDonald’s 3rd-Q profit up 27%

Fri, 2007-10-19 05:30

OAK BROOK Ill. McDonald’s Corp. reported an earnings jump of 27 percent for its third quarter ended Sept. 30, which it credited to strong sales of coffee, breakfast, burgers, snack wraps, as well as to convenience. As the company projected last week, net income totaled $1.07 billion, or 89 cents per share, compared with $843.3 million, or 68 cents per share, in the year-ago third quarter. The company’s latest per-share earnings included 83 cents from continuing operations and an ...

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